Can Reddit Day Traders Crash JP Morgan Short Squeezing Silver?
The Atlantis Report:
Can Reddit Day Traders Crash JP Morgan Short Squeezing Silver ?!
Jan 29, 2021
A decentralized Reddit forum called WallStreetBets is causing chaos on Wall Street. The WallStreetBets a longstanding subreddit channel where over 4 million users discuss highly speculative trading ideas and strategies, briefly went private on Wednesday in response to millions of new users pouring in.
The Reddit subgroup is operating now by invitation only. WallStreetBets crushes hedge funds and crashes trading apps by creating major short squeezes.
A short squeeze happens when a price increase for an asset prompts a rush in buying activity by those who previously bet that prices would fall.
A short squeeze might sound complicated, but it’s actually a relatively straightforward process. When institutional investors short-sell a stock, what they actually do is borrow a number of shares they believe will drop in value, sell them at the highest price possible and try to buy them back later at a lower price.
If they’re successful, they hand the initial borrowed amount back and pocket the difference. If the market turns against them however, and the price of the shares increase, they are forced to buy the shares back at a loss.
If the price rises dramatically within a short space of time, it can cause devastating losses for the short-seller.
Major hedge funds have already lost around 7 billion dollars to WallStreetBets day traders short squeezes. WallStreetBets traders are not stopping here; they are now turning to silver for their next short-squeeze target after being restricted from hot stocks like GameStop and AMC.
Silver has become a new target for Reddit day traders after multiple posts on the infamous WallStreetBets subreddit .
For the full transcript go to https://financearmageddon.blogspot.com
What’s up with Buffett and his $325 Billion Pile of Cash?
November 20, 2024 Notes From the Field By James Hickman (Simon Black)
Much has been written about Warren Buffett having sold a substantial amount of stocks. And his company, Berkshire Hathaway, is sitting on a record $325 billion cash pile as a result.
Buffett has often said that his preferred holding period for an investment is "forever". So the fact that he has sold so much stock has many observers proclaiming that "Buffett is predicting an imminent stock market crash."
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Except that he's not. Buffett is a pretty transparent guy who has never been afraid to speak his mind. If he were predicting a crash, he'd probably say it.
Controlled Demolition of Economy Underway, Short Oil and Go Long Gold
VRIC Media: 11-19-2024
In a compelling discussion that took place on VRIC Media hosted by Jesse Day, economist and market analyst Francis Hunt shared his bold views on the current economic strategies employed by the Federal Reserve and central banks across the West. According to Hunt, we are witnessing what he describes as a “controlled demolition” of the economy, a scenario rife with implications for individual investors and the broader societal landscape.
Hunt’s perspective is rooted in the belief that the actions of the Federal Reserve and other central banking institutions are strategically designed to serve the interests of the Davos Elite—a term commonly used to reference the powerful figures who gather annually at the World Economic Forum in Davos, Switzerland.
Bruce’s Big Call Dinar Intel Tuesday Night 11-19-24
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the big call tonight. It's Tuesday, November 19th and you're listening to the big call. I'm really excited to welcome everybody tonight, and to have you come in, no matter where you are around the globe, our satellite team is getting the call out to sometimes as many as 200 countries. And I'm excited everybody's here to listen to there should be a pretty good call tonight. I'm excited about it, and I know you guys are too
All right, so let's talk about what I wanted to bring in my segment to you guys tonight. And so let's talk, first of all, about what they've been doing Saturday and Sunday. This past Saturday and this past Sunday two days ago.
They took four of our currencies, Iraqi Dinar, Vietnamese Dong, Afghanistan, Afghani and the Indonesian Rupiah, those four currencies are being tested on all bank screens around the globe, and they wanted to test and make sure the rates of those were coming up the same in each country where they were showing up.
Good Afternoon Dinar Recaps,
BIS RESEARCH FINDS PROS DOMINATE CRYPTO DEX DEFI EXCHANGES
In traditional finance (TradFi), market makers and high frequency traders act as intermediaries on exchanges. Decentralized Finance (DeFi) was meant to provide an alternative, with retail investors providing liquidity in a crowdsourcing manner.
The Bank for International Settlements (BIS) was curious about the extent of disintermediation, so it crunched the data on decentralized exchange (DEX) transactions. It found that sophisticated players dominate and are equivalent to professional intermediaries in TradFi.
KTFA:
Clare: Al-Najjar: The Development Fund aims to mobilize Iraqi savings estimated at $70 billion
11/20/2024
London
The Executive Director of the Iraqi Development Fund, Mohammed Al-Najjar, said on Wednesday that the fund has six goals, one of which is to mobilize the savings of the Iraqi people.
Al-Najjar said during a dialogue seminar organized by the Chatham House Research Center in Britain and attended by the Al-Eqtisad News correspondent, that "the Iraqi government has begun to reform many economic laws that would regulate the lives of citizens and preserve their rights."
Coffee with MarkZ, joined by Andy Schectman. 11/20/2024
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Happy Wednesday and Good Morning fellow RV’ers
Member: Hopefully, this is our big day!
Member: Goldilocks says no new rate in Iraq until 2025
KTFA:
Frank26: "IF SO... THEN THERE IS A NEW EXCHANGE RATE.".......F26
Finance: Salaries may be funded after census holiday
11/17/2024
An informed source confirmed, today, Sunday, that the Accounting and Budget Department in the Ministry of Finance is currently working to complete the process of financing the salaries of employees in government institutions.
The source told Al Furat News Agency that "if the work is completed, salaries will be released tomorrow, but it is most likely that this will be done after the census holiday, with work continuing on Fridays and Saturdays as usual during the salary funding release periods."
Trade: The General Population Census Will Be A Starting Point For Important Economic Transformations
Tuesday 19 November 2024 19:10 | Economic Number of readings: 253 Baghdad / NINA / The Ministry of Trade confirmed that the general population census is an important step in directing investments, which accelerate development steps in all regions of Iraq.
A statement by the ministry quoted the official spokesman for the ministry, Mohammed Hanoun, as saying: "The government's approach through conducting the general population census, despite the difficulties it faced, is aimed at attracting international efforts to the national labor market in a way that revives the economy, and gives those in charge of the economic file a clear vision of the economic reality by creating a database that represents a starting point for economic policies that aim to address the imbalance in the economic structure."
Good Morning Dinar Recaps,
BRICS NEWS: 4 NEW COUNTRIES SHOW INTEREST TO JOIN BRICS ALLIANCE
A total of four new countries have expressed their interest in joining the BRICS alliance this month. The number of countries that are ready to be a part of the bloc is only growing lately. The de-dollarization agenda, clubbed with a renewed consideration of local currencies is what’s attracting emerging economies into the bloc.
Four new nations have come forward officially expressing their intent to be a part of the BRICS alliance. The four countries that want to join the bloc are: Bolivia Columbia Libya Namibia
Good Evening Dinar Recaps,
A NEW FRONTIER: COURT AUTHORIZES SERVICE OF PROCESS THROUGH NFT AIRDROP
In a landmark decision highlighting the unique aspects of blockchain technology, an S.D.N.Y. Bankruptcy Judge ruled in favor of Celsius’s motion for alternative service, whereby Celsius sought to provide legal service by airdopping non-fungible tokens (NFTs) to anonymous defendants’ digital asset wallets.
Judge Approves Celsius’s NFT Airdrop for Legal Service
In the wake of the cryptocurrency exchange’s insolvency, its bankruptcy estate filed suit seeking to void allegedly fraudulent transfers and recover additional funds for its creditors.